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Jeremy Hunt and Rishi Sunak
Chancellor Jeremy Hunt, centre, presented his budget on Wednesday. It's likely to be his last before the general election
(Image credit: Kirsty Wigglesworth - WPA Pool / Getty Images)

Chancellor Jeremy Hunt had two primary aims in his Spring Budget this week: to tackle a cost-of-living crisis that has dominated the headlines and prepare the ground for the general election expected later this year.

With Labour far ahead in the opinion polls, it could prove the final Tory budget for the next five years. Hunt largely played it safe, revealing an extension to the alcohol and fuel duty freeze announced last autumn and an increase in the high-income threshold for the child benefit charge.

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